Singapore stocks close 1.26% lower
SINGAPORE : Stocks in Singapore closed 1.26 per cent lower on Friday on worries about eurozone debt and possible further measures by Beijing to restrain a surging economy.
The Straits Times Index fell 41.39 points to end at 3,252.00.
Volume was 2.44 billion shares.
Losers led gainers 487 to 90.
Keppel Corp slid 3.49 per cent to S$10.52 while CapitaLand shed 1.55 per cent to S$3.82.
Genting Singapore declined 6.6 per cent to S$2.13, Golden Agri-Resources was down 3.9 per cent at S$0.73, while Noble Group was 2.7 per cent lower at S$2.14.
Wilmar International was up 0.8 per cent to S$6.35.
The Straits Times Index fell 41.39 points to end at 3,252.00.
Volume was 2.44 billion shares.
Losers led gainers 487 to 90.
Keppel Corp slid 3.49 per cent to S$10.52 while CapitaLand shed 1.55 per cent to S$3.82.
Genting Singapore declined 6.6 per cent to S$2.13, Golden Agri-Resources was down 3.9 per cent at S$0.73, while Noble Group was 2.7 per cent lower at S$2.14.
Wilmar International was up 0.8 per cent to S$6.35.
Singapore Stock Reviews (14/11/2010)
CapitaMall(C38U)
- touch lower trend line
- can consider to buy if it does not break down the trend line
- can consider to buy and cut loss if it broke trend line
- can consider to buy if it break up previous day's high of 1.99, aka 2.00/2.01
China XLX(B9R)
- building up momentum
- potential cup and handle in formation
- critical resistance at 0.65 / breaking this will suggest further upside
ChinaAniH(EP4)
- testing crtical resistance of 0.365
- performance of nect few day will be crutial to watch
NOL(N03)
- cup and handle may be in formation. watch out for the next few day
- 2.35 will be the key resistance. breaking this value will suggest further upside
OSIM(O23)
- is taking some break will trying to break 1.38
PCI(P19)
- testing critical level of 0.465
- breakting this will move the price further
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